Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter LynchRead
The probability of success is difficult to estimate; but if we never search the chance of success is zero.
Interpretation
Success requires taking risks and trying, as inaction guarantees failure.
This quote by Philip Morrison highlights the importance of effort and initiative in achieving success. It suggests that while predicting the likelihood of success can be challenging, not attempting at all results in a complete lack of opportunity. Essentially, one must take chances and actively pursue their goals; otherwise, success will remain unattainable.
In practice
This quote can inspire a student to pursue their dreams despite the uncertainties of their future.
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
There are many stars and a few super-stars in sport. There are champions who bag a coronet now and then, and there are others who dominate some game year after year. In other words there are Bobby Jones and Helen Wills.
Make history or be a part of it.
Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
The investor of today does not profit from yesterday's growth.
But once you are in that field, emotional intelligence emerges as a much stronger predictor of who will be most successful, because it is how we handle ourselves in our relationships that determines how well we do once we are in a given job.
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